A new record gas price day set over the holiday
Mon, 26 Nov 2012 12:51:41 GMT —
COLUMBIA (WACH)â??"Thanksgiving Day 2012 featured the highest ever daily average for the holiday, beating out 2011 by over 10-cents per gallon,â?? says GasBuddy.com Senior Petroleum Analyst Patrick DeHaan.
Along with the record breaking high, gas prices in the Midlands have risen 5 cents over the past week to an average of $3.15 a gallon. The national average however, has remained stable over the last 7 days at $3.43, according to the gas website.
"While Thanksgiving 2012 is now behind us, the stigma of record high gasoline prices is not," said DeHaan. "The national average may continue to moderate slightly by Christmas, but I'm not expecting significant decreases or increases in the national average in the short term at this point. There are several factors putting both upward pressure and downward pressure on oil and gasoline, and I expect some fluctuation in prices, but overall, there will likely not be much change between today and Christmas," DeHaan said.
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